|the international society of CATASTROPHE managers|
End-of-year renewals behind us, January seemed the perfect time for a casual networking get-together of the Zurich ISCM crowd. This time we met in a location along the local Limmat river. But obviously, it was much too cold to indulge in pretty views outside, we stayed firmly inside and huddled together around the bar. A few (unanticipated) company events took place the same evening, thus the turn-out was somewhat lower as in prior years. Nevertheless, as ISCM members greeted old colleagues and made new acquaintances, the place soon teemed with lively discussions. The big topics this year…? Two ISCM members came straight from their very last working day, after their company had restructured (away) the cat unit. So clearly, the question of what all the recent M&A activity and continuous financial industry cost-cutting would mean for the cat risk management community in Zurich was high on the discussion agenda. Of course, renewals observations and the cat market developments in general were on people’s mind as well. In summary, the annual networking event once again proved a good opportunity to bring the ISCM community in Zurich together and bring alive the value of our membership. A small crowd of devoted members stayed all the way to the end, when we got into a disappointing argument with the bar owner over the terms of the agreement we made, and thus over the final bill. Well, no matter who was right or wrong, we all swore that we’d never set foot into that bar again!
Special thanks for organizing this event go to Amaryllis and Lysiane, as well as to Annemarie (by now our unofficial event photographer…).